Indonesia to impose anti-dumping tax on Vietnam steel

The Hanoitimes - Color-coated steel from Vietnam dumped into the country stood between 12.01% and 28.49% of the Indonesian market, according to Indonesian watchdogs.

The Indonesian Anti-Dumping Committee (KADI) has announced the final decision on its anti-dumping investigation into color-coated steel sheets imports from Vietnam and China.

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The information was released by the Trade Remedies Authority of Vietnam, under the Ministry of Industry and Trade (MoIT).
Accordingly, Indonesia stated that color-coated steel from Vietnam dumped into the country stood between 12.01% and 28.49% of the Indonesian market, causing serious damage to its domestic manufacture sector. Basing on this conclusion, KPPI requested the application of anti-dumping measures on color-coated steel from Vietnam within five years.
On December 23, 2016, KADI launched an anti-dumping investigation into related products imported from Vietnam and China from July 2015 to June 2016.
Findings showed that the total volume of color-coated steel sheets imported by Indonesia during the investigated period reached 224,119 tons, including 196,190 tons from Vietnam and China, making up 87.5% of the total volume of Indonesia’s imports.